Financial Statements for lakshmi machine works ltd (LMW)

Year over year, Lakshmi Machine Works Limited has been able to grow revenues from 20.2B INR to 23.4B INR. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 69.80% to 68.64%. This was a driver that led to a bottom line growth from 1.3B INR to 1.9B INR.

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